They will be trying to get after it also. Bit of a problem there however, with locals and environmentalists successfully campaigning to stop Shell from acquiring a 3D survey in the region. A multi-client seismic company Searcher were blocked from conducting a big seismic survey. This has now been shifted further offshore and they were approved to acquire at the start of this year. I don't know the status of that survey. But yes, there might be a bit more gas south of the border, but there should be some oil in amongst all that.
PCL Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
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